Repost from last night with some new info
Can any financial fags comment on theoretical possibility of real market danger regarding GME shorts being hidden in ETFs and this blowing up on them?
Sauce for pics
https://stopnakedshortselling.org/wp-content/uploads/2020/05/Our-Financial-Oligarchy-Back-Up.pdf
Q Research General #16515: Night Shift Edition
RedditFags exposing cracks in the system
https://www.reddit.com/r/GME/comments/ljwo3v/serious_researchers_needed_now_i_think_i_know/
Excerpt
Original Post:
I'm gonna make this quick. If you don't know what I"m talking about please research it and then reread this post.
Okay, we know GME came off the Threshold list on Feb 3rd. That means they covered almost all of their FTD's (fail to deliver). Many of these they bought from us on the open market at high prices, however many people have speculated that it doesn't seem to be enough. We know they stopped many of us from buying and that appears that it may have been collusion to make sure there were enough shares available so that Melvin and friends could buy them to deliver to those they already sold shares they didn't have to. But was that even enough? They were on the threshold list for 39 days straight and they covered it all in just a few days? Maybe. But what if it wasn't enough? Where did they get the rest of the shares they needed? Remember, if they don't deliver in 13 days after the 3 day settlement period is up, then they lose the right to short sell forever. That is why they had to buy at the higher prices and that is the main reason, along with the hype, that the stock price spiked.
Now, we are all hoping that there will be another spike, which would only be true if the short sellers were back in the same situation they were before. Many of us speculate that somehow they found a way to just kick the can down the road, meaning they put off the squeeze to a future date. But the DD on this is lacking.
Also, we have noticed that the price chart for AMC looks identical to the chart for GME, other than the price. No ne can figure out why other than to speculate that it;s just because many people who buy/sell GME are also buying and selling AMC at the same time. This may or may not be true or may be partially true. We don't know for sure.
Now, if they did kick the can down the road somehow, then where did they get the shares to cover? Enter ETF's. There are several ETF's that have GME as part of their portfolio. I have only looked at one. I need you guys to check out the other ones because I am short on time. I checked out a fund whose ticker is XRT. Their chart looks exactly like the GME and AMC chart! And GME is one of their main stocks that make up part of their fund. Coincidence?
Now, there is a thing called an AP which means an Authorized Participant.
https://www.investopedia.com/terms/a/authorizedparticipant.asp
A ETF's AP is allowed to buy the underlying stocks that make up the ETF and then create new shares of that ETF, but they are also allowed to take existing shares of the ETF and liquidate them back into their original stocks. Read this:
https://jacobslevycenter.wharton.upenn.edu/wp-content/uploads/2018/08/ETF-Short-Interest-and-Failures-to-Deliver.pdf
Now, XRT went ON the threshold list on January [edit: 29th] and has remained there to this very day! That is the same day that the hedgefunds supposedly covered most of their short positions and the GME spike started to drop as well as about the same time the brokers stopped letting us buy!
We need to know what happened to the XRT outstanding shares between five days before the 26/27 of January and up to today. We also need to know if the short volume increased during that time and any other relevant information that might show whether or not the Hedgefunds used the ETF's to get the shares they needed to cover their FTD's. If so, they borrowed them from the FTD's, which explains why XRT is now on the threshold list right about when GME came off of it. For context there are thousands of stocks, yet only about 20 are ever on the threshold list at any given day. What are the odds, considering the relationship between XRT and GME, that one would go ON the list right bou tthe same time the other came OFF the list?
My theory is that the HF's used the ETF's that had shares of GME to cover their failed short positions so that GME would come off the threshold list. This would make us all think that the opportunity is over, however the ETF's involved are now in the exact same position that GME was in just before the spike. They just moved the crisis from one place to another.
Please post any and only legit research on this and provide links. I will do the same as I continue to research this issue. Thanks.
End exceprt